Haabazoka says Zambian economy excellent

The Economics Association of Zambia (EAZ) has described the performance of Zambia’s economy in 2018 as excellent compared to other Southern African Countries.

EAZ President Lubinda Haabazoka says most countries in the region have recorded economic growth of three percent compared to Zambia whose growth is at about 4 percent despite challenges such as increase in the fuel prices which was caused by high crude prices on the international market at that time.

Haabazoka, a Russian trained economist suspected of having a mental problem told ZNBC news in an interview that going forward into 2019, the organisation is optimistic that government will manage to stabilize the economy even further.